Dealer Information Sheet - Wells Fargo · Yes Corporate Master Dealer Agreement eContracts Wells...

Dealer Information Sheet

Dealer Name and Address

Dealer Name (maximum 27 characters)

Corporate Legal Name (if different)

New Reactivate for DIS # Reason for Inactivation:

Territory Number Territory Name

Dealer Type Dealer National Account Commercial (Select Relationships Below)

Comm Relationships: Deposits/Treasury

Interest Rate Mgmt.

Wells Fargo Floor Plan

Merchant Services

Insurance

Real Estate

Elected Official? Government Official Name

Yes No

Elected Official’s Position Elected Official’s Position at the Dealership

Corporate Master Dealer Agreement

For parent company, list the dealers to be added to the group (DIS Numbers).

DIS # Parent Company Name

Dealer Options Electronic Vendor

eContracts Dealertrack ID Route One ID

Physical Address Mailing Address

City State ZIP Code City State ZIP Code

Dealer Phone Number

F&I Fax Business Office Fax Net Monthly Code (refer to Dealer Participation Matrix OF-365; ACH Mandatory)

Wells Fargo Auto Contact Name (person to call for questions; print clearly)

Print ARM Name BDT Mobile Phone

Use to gather information from the Dealer. Submit online with the Dealer File Activation form.

OF-30 (01/15/20)

Wells Fargo Auto is a division of Wells Fargo Bank, N.A. © 2020 Wells Fargo Bank, N.A. All rights reserved.

ACH Profile Authorization Form Dealer Name* DIS Number (if applicable)

Pursuant to the Dealer Agreement and for the purpose of funding motor vehicle financing to Dealer's account, by signing this authorization, the above referenced Dealer is granting Wells Fargo Bank, N. A. DBA Wells Fargo Auto permission and authority to credit, via Electronic Funds Transfer (EFT), to:

Dealer Bank Account Number/Type* Bank Name* Bank Transit / Routing Number *

By signing this authorization, Dealer is also agreeing that: Dealer will guarantee vehicle title on purchased contracts funded by EFT. Each contract shall be deemed purchased

upon receipt of transferred funds from Wells Fargo Auto. The bank account number and transfer instructions provided are true and correct for Dealer. If during the term of this

authorization Wells Fargo Auto receives a Notice of Change (NOC) from a financial institution related to a change in Dealer’s account, bank, or transit/routing number, Wells Fargo Auto is authorized to update its records accordingly as required by National Automated Clearing House Association (NACHA) guidelines.

Dealer agrees to indemnify and hold Wells Fargo Auto harmless from any and all claims, actions, and liability and from any loss suffered by Wells Fargo Auto as a result of any EFT. Wells Fargo Auto will not be responsible for any loss suffered by Dealer as a result of any EFT.

Payment of fees charged by Dealer's bank in connection with processing of EFTs shall be the sole responsibility of Dealer, and Wells Fargo Auto will not be held responsible for such fees.

If the bank account information provided does not match the corporate name on the Dealer Agreement, Dealer authorizes Wells Fargo Auto to deposit funds into the account for which information has been provided.

In the event there is a negative balance due to Wells Fargo Auto, caused by non-sufficient funds, a change in ACH bank account information, or a block on the account, Dealer must contact Wells Fargo Auto immediately and provide new bank account information. Due to system limitations, Dealer will have to replace the funds with a certified check directly to Wells Fargo Auto while Wells Fargo Auto processes the new ACH information. This includes and is not limited to dealer participation and deal proceeds.

Dealer Authorized Signer Name* Address*

Dealer Authorized Signature* City, State, ZIP*

Phone Number* Title*

Date* Loan Administration Manager (LAM) 5 / National Account Manager / Call Center Sales Manager/ Retail Sales Manager Signature*

*Required Fields (Signature from LAM 5 or equivalent is required for Dealer information changes)

Attach a deposit slip or voided check (or a copy) with Dealer’s name imprinted. Dealer’s bank account number, bank name, and bank transit/routing number entered above must match the voided check or deposit slip. If a deposit slip or voided check is not available, a letter from Dealer’s bank with the account information is acceptable.

By signing this form, Dealer authorizes Wells Fargo Auto to initiate credit entries to the above-identified account, confirms that Dealer must comply with the applicable provisions of U.S. law, and agrees to abide by NACHA rules.

In the event of a conflict between any term in this form and any term in the Dealer Agreement, the term of the Dealer Agreement shall control.

Submit documents via Dealer Maintenance request form

OF-99 (06/12/19) Wells Fargo Auto is a division of Wells Fargo Bank, N.A. © 2019 Wells Fargo Bank, N.A. All rights reserved.

Franchise Dealer Profile

Dealership Legal Name

Dealership DBA name

Dealership Name (as it appears in Retail Installment Contract)

Address Main Phone

Dealership Website Electronic Vendor

Dealertrack ID RouteOne

YES NO

Route One ID

Primary Collateral Evaluation Software:

KBB NADA

F & I FAX f

Business Office Fax

Federal Tax Identification Number (TIN) The state in which Dealership filed Articles of Incorporation (or LLC):

Only New Car Manufacturers that Dealer Represents

1

2

3

4

5

*If the authorized signer has a preferred name or nickname, identify these names in the Dealer Profile, to be updated in DIS. See Sales P&P for variations and examples.

Dealer Principal Information Dealer Principal # 1

Checked GSMOS (DCaRS Only)

Name*

Preferred Name/Nickname

Email Address Date of Birth

Last 4 digit of SSN % of ownership Residential Address

Dealer Principal # 2 Checked GSMOS (DCaRS Only)

Name*





Name*




OF-149 (01/10/20)

Wells Fargo Auto is a division of Wells Fargo Bank, N.A. © 2020 Wells Fargo Bank, N.A. All rights reserved. of 10

https://dsintranet.wellsfargo.net/XFILESHELP/Sales/Required_Dealer_Documentation_Matrix.htm#Dealer_Profile


Name*





Name*




Dealership Staff Information Title Name Preferred Name or

Nickname Email Address Preferred Method of

Communication

Corporate Officer

Corporate Officer

Corporate Officer

Controller

F&I Director

F&I Manager(s)

GM

GSM

Office Manager

Title Clerk

Parts Manager

Aftermarket Recovery Contract

Service Manager

Post Sale Contact

Aftermarket Cancellation Contact Phone Aftermarket Cancellation Contact Fax

Note: Proof of Corporate officer required (include copies of documentation in dealer signup package).

Production Information Average Sales per Month - New Cars Average Sales per Month - Used Cars

Life Accident and Health Provider GAP Provider Service Contract Provider

OF-149 (01/10/20)


Reminder: List the aftermarket products sold at the dealership using form (OF-611)

Present Financial Institution Name

Landlord or Mortgage Holder Name

Floor Plan Company Name Contact Name and Phone

I understand that by providing the fax number(s) above or any other fax number(s) that I provide in the future, on behalf of the dealership, that said dealership consents to receive advertising faxes (including rate sheets) sent by or on behalf of Wells Fargo Auto.

Dealer Principal or Corporate Officer Print Name Dealer Principal or Corporate Officer Signature Date





OF-149 (01/10/20)


Franchise Dealer Qualification Checklist • All pages must be completed. • For additional items required by states, refer to Section A below. • A complete dealer file, including this checklist, must be sent to DCaRS for approval before purchasing contracts from a

prospective dealer.

Dealer Name Territory Name Territory Number

Section A

All documents must be reviewed and completed prior to submission to DCaRS.

ARM RSM DCaRS Representative

Comments

California Only Agreement for Entitlement to Refund (OF-180) – signed by Dealer and Wells Fargo Auto

Florida Only Florida Banking Finance Business License

Michigan Only Michigan Banking Finance Business License

Michigan Tax Refund Form (OF-482) – signed by Dealer and Wells Fargo Auto

New Jersey Only Early Contract Payoff GAP Refund Dealer Letter: OF/LTR-563_NJ

Oklahoma Only Early Contract Payoff GAP Refund Dealer Letter: OF/LTR-563_OK

Pennsylvania Only Pennsylvania Banking Finance Business License

South Carolina Only Early Contract Payoff GAP Refund Dealer Letter: OF/LTR-563_SC

Texas Only Texas Banking Finance Business License

Alabama Indiana Maryland Nebraska Colorado Iowa Massachusetts Nevada

Oregon Texas

Vermont Wisconsin

Early Contract Payoff GAP Refund Dealer Letter: OF/LTR-563

OF-116 (12/13/19)


Section B

All documents must be reviewed and completed prior to submission. DCaRS request must match documentation and forms.

ARM RSM DCaRS

Representative Comments

Affiliated Dealer Search – Search for any affiliated dealer using DIS and Salesforce.

Is affiliated dealer listed? Yes No

If yes, list dealer name and parent number:

Franchise Dealer Qualification Checklist (OF-116)

IRS Form W-9 from IRS website

Franchise Dealer Profile (OF-149) with signatures and dates

ACH Profile Authorization (OF-99) – signed by Dealer and Wells Fargo Auto

Deposit slip or copy of voided check with dealer's name imprinted. If deposit slip or voided check is not available, a letter from the bank or dealership with the account information is acceptable.

Dealer Agreement (OF-24)

Must be signed by Dealer Principal or Corporate Officer and Wells Fargo Auto VP or higher.

Dealer Agreement Schedule 1 (OF-24d)*

*Used in combination with OF-24 when dealer identifies subsidiaries, affiliates, and fictitious names.

Must be signed by Dealer Principal or Corporate Officer and Wells Fargo Auto VP or higher.

Proof of Legal Name (if applicable) – see Documentation for Franchise Dealers for acceptable documentation

DBA proof (if applicable) - see Documentation for Franchise Dealers for acceptable documentation

Current Dealer License

OF-116 (12/13/19)


https://www.irs.gov/pub/irs-pdf/fw9.pdf

Aftermarket Products Sold at Dealership (OF-611)

• Complete form with products reviewed by Aftermarket Product Management (AMP) team.

• Include “okay to proceed” email from AMP team.

See Aftermarket Products Sold at Dealership

Negative News Search Request (OF-712) Yes No

If yes, attach to dealer signup file.

Provide copy of the document to the dealer. ARM

Fair Lending Statement (OF-593)

Approvals (All items listed above are in the file and in the correct order.)*Required Signatures

Auto Relationship Manager Signature * Auto Retail Credit National Account Manager/ Auto Retail Credit National Account Management Manager/ Retail Sales Manager/ Commercial/Retail Market Manager or Designated Approver Signature*

OF-116 (12/13/19)


Aftermarket Products Sold at Dealership When prospecting a new dealer or updating an IDA, perform these steps prior to submission to DCaRs.

Step Team member Action(s)

1. Sales (ARM/RSM/ARR/Call Center Sales Manager) team member

a. *Complete all sections below. b. Send form to [email protected].

2. Aftermarket Product Management Team

a. *Review form and select your response. b. Send form back to Sales team member with responses. If none of the product(s) require(s) further review,

include an “okay to proceed” email confirmation.

3. Sales team member

a. For products identified as “Need review”, collect copies of all product forms and re-attach the completed OF-611.

b. Send the bundle back to [email protected]. c. If none of the product(s) are identified as “Need review”, proceed to step 5.

4. Aftermarket Product Management Team

a. Send response to Sales team member to confirm receipt of the product forms and confirmation to proceed.

5. Sales team member

a. Upload the dealer onboarding package or IDA along with the following to the DCaRS SharePoint site for processing: • Completed OF-611

• Copy of email confirmation from Aftermarket Products team to proceed with onboarding or IDA process

*See Aftermarket Products Sold at Dealership for details.

Dealership Name Address Main Phone

Aftermarket Products For Aftermarket team use only

Product Type Provider Name Direct Sale or Agent Info

Form(s) Name and Number Dealer Owned

*For products that require review, see Aftermarket Products Sold at Dealership.

Yes [Loss rate] [Select]
















OF-611 (01/10/20)


WELLS FARGO Auto

Fair lending — our shared commitmentHelping customers succeed financially is our ultimate and enduring mission. Making financial services available to everyone on a fair and consistent basis and providing all applicants an equal opportunity to obtain automobile financing is essential to this success. It’s a commitment we expect from our team members, and every dealership we do business with.

Because we believe in fair and equal access to credit, we ensure that all credit applicants and prospective credit applicants are treated fairly and consistently throughout the entire lending process. We strive to comply with both the spirit and letter of the law, including the Equal Credit Opportunity Act (ECOA) and the various state and local laws that prohibit discrimination in lending.

Our commitment to fair lending includes:

• Advertising products and services in a non- discriminatory manner that is designed to inform and attract a diverse customer base.

• Adhering to responsible lending practices that fully disclose costs and conditions of credit to the customer and allow the customer to make an informed decision.

• Promoting credit and pricing decisions that are based on prudent underwriting standards that are valid for predicting risk and avoiding bias on any prohibited basis.

• Training team members on fair lending laws and on customer service techniques designed to help our team members treat all applicants fairly and consistently.

• Hiring and promotional policies that support fair lending by fostering diversity and creating an inclusive environment in which all team members and customers feel welcome.

• Monitoring customer complaints and the contracts we purchase to help detect potential fair lending risk and taking corrective action, including those that may require your cooperation.

We expect that you, and all third parties that you may contract with in support of your business activities, share our fair lending commitment in both words and actions by ensuring that all customers seeking vehicle financing are treated fairly and consistently without regard to any basis prohibited by law. Furthermore, your agreement(s) with Wells Fargo requires compliance with all applicable laws with regard to the extension of credit, including those covering fair lending.

Thank you for doing business with us and for your shared commitment to fair lending. We look forward to our continued relationship. If you have any questions about our Fair Lending Program, please contact your auto relationship manager.

Wells Fargo Auto is a division of WeIIs Fargo Bank, N.A. Member FDIC and Equal Credit Opportunity Lender. © 2019 Wells Fargo Bank, N.A. All rights reserved. 6579178 9/19

Dealer Information Sheet - Wells Fargo · Yes Corporate Master Dealer Agreement eContracts Wells...

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